Nifty 50 (1-min chart). Let’s break it down step by step with Target, Stop Loss, Pivot Levels, Technical View, and Support–Resistance across Short Term, Medium Term, and Long Term.
🔹 Technical View (Current Chart Setup) The chart shows descending channel trend with price consolidating between 25,061 – 25,090.
RSI is near 40–50 zone, showing neutral to mild bearish momentum.
Price is testing support zone around 25,061, while resistance remains near 25,090 – 25,139.
🔹 Pivot Levels (Intraday/Short Term) Pivot Point (P) ≈ 25,074
Resistance Levels (R1/R2/R3)
R1 = 25,091
R2 = 25,139
R3 = 25,180
Support Levels (S1/S2/S3)
S1 = 25,062
S2 = 25,040
S3 = 25,000
🔹 Support & Resistance Zones Immediate Support: 25,061 → 25,040
Major Support: 25,000 (psychological level)
Immediate Resistance: 25,091
Major Resistance: 25,139 – 25,180
🔹 Trading Plan (Target & Stop Loss) 📌 Short Term View (Intraday – 1 day) If 25,061 holds as support → Expect bounce towards 25,091 / 25,139
Buy above 25,074
🎯 Target 1: 25,091 | Target 2: 25,139
🛑 Stop Loss: 25,040
If 25,061 breaks down → Expect fall towards 25,040 / 25,000
Sell below 25,061
🎯 Target 1: 25,040 | Target 2: 25,000
🛑 Stop Loss: 25,090
📌 Medium Term View (1 week – 1 month) Bullish if Nifty sustains above 25,180 → Next upside towards 25,250 – 25,300
Bearish if closes below 25,000 → Downside towards 24,850 – 24,700
📌 Long Term View (1–3 months) As long as Nifty stays above 24,700–24,800 support, trend remains bullish.
Breaking 25,300+ will trigger rally towards 25,600 – 25,800 zone.
If 24,700 breaks, then downside correction towards 24,500 – 24,200 possible.
✅ Summary:
Intraday (Short Term): Watch 25,061 – 25,090 range for breakout.
Medium Term: Key levels are 25,000 (support) and 25,180 (resistance).
Long Term: Above 25,300 bullish, below 24,700 bearish.
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